How much have you made?!

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Mcdonkey
Posts: 30
Joined: Tue Dec 15, 2020 2:00 pm

Just signed up here, would be interesting to hear some of the members profit
1. How long have you been trading w bet angel?
2. how much do you make in a week/month
3. Is trading sports your full time job?

cheers!
rik
Posts: 1583
Joined: Sat Jan 25, 2014 5:16 am

Would think a few of the advanced traders make over a million a year pre commission.
Majority of the most profitable guys will have automated strategies often not using Betangel.
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

Mcdonkey wrote:
Tue Dec 15, 2020 4:00 pm
Just signed up here, would be interesting to hear some of the members profit
1. How long have you been trading w bet angel?
2. how much do you make in a week/month
3. Is trading sports your full time job?

cheers!
I'd be surprised if anyone's willing to answer Q2, it's a bit personal. Even Memphis doesn't post weekly or monthly profits. ;)
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LeTiss
Posts: 5489
Joined: Fri May 08, 2009 6:04 pm

There are more full-time traders and PC payers on the BA forum than anywhere else probably.
If you're just starting out, you'll get lots of help and advice here
Good luck with that

However, if you think people are going to reveal their earnings to someone with 2 posts.....
Double helpings of good luck with that
rik
Posts: 1583
Joined: Sat Jan 25, 2014 5:16 am

why not, interesting to know whats possible, whos doing well/poorly, just think most people dont want to show off and if doing poorly probably not proud of it
if i had to guess id say liamp might be doing best, said he was on 400k betfair points and remember some very advanced posts
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

rik wrote:
Wed Dec 16, 2020 12:16 am
why not, interesting to know whats possible, whos doing well/poorly, just think most people dont want to show off and if doing poorly probably not proud of it
if i had to guess id say liamp might be doing best, said he was on 400k betfair points and remember some very advanced posts
It's a bit like 18-year-olds talking about how many women they shag - it's not much comfort to a virgin knowing that his mates are getting off every night, nevermind the exaggerations. :)
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LeTiss
Posts: 5489
Joined: Fri May 08, 2009 6:04 pm

rik wrote:
Wed Dec 16, 2020 12:16 am
why not, interesting to know whats possible, whos doing well/poorly, just think most people dont want to show off and if doing poorly probably not proud of it
if i had to guess id say liamp might be doing best, said he was on 400k betfair points and remember some very advanced posts
I'm a full-time trader, I have been since June 2008

Do I know what I earn? Yes
Do I know what others are earning? No
Do I give a shit what others are earning? No

The one I have learned is that everyone's trading journey is different, and we all have different strengths and weaknesses.
If you are doing this for a job and making it pay, then you are doing well.
I have ZERO interest in dick swinging contests.

Trading has many psychological obstacles for people to overcome, one of those is having an aversion to losses. People cannot close out for a small red, so blow their banks chasing it. Knowing others are outperforming you is just another reason to cut corners and take unnecessary risks.......because you think "I should be earning more"
Mcdonkey
Posts: 30
Joined: Tue Dec 15, 2020 2:00 pm

I'm sorry if i offended anyone, but been watching Peters video the last couple of weeks, and it seems so easy to make money so i get this voice in my head : if it's to good to be true..
That's why i'm asking if there are people making a living/decent money w trading betangel :)

cheers!
Mcdonkey
Posts: 30
Joined: Tue Dec 15, 2020 2:00 pm

A couple of follow up questions:
1. How long did it take you to go from "i-dont-know-what-i'm-doing" to "oooh-i'm-making-money-with-this"
2. What sports are your bread and butter ?!
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wearthefoxhat
Posts: 3588
Joined: Sun Feb 18, 2018 9:55 am

Mcdonkey wrote:
Wed Dec 16, 2020 8:51 am
I'm sorry if i offended anyone, but been watching Peters video the last couple of weeks, and it seems so easy to make money so i get this voice in my head : if it's to good to be true..
That's why i'm asking if there are people making a living/decent money w trading betangel :)

cheers!
As already said by some, without actually knowing their exact details, there are a few making money trading/betting using BA and others using other software...even some using the betfair platform itself, without software. (Cash-out feature)

I should imagine, the next question is, how do they do it?

Well, Peter got ahead of the curve early on, creating the BA software and realised that analysing data, finding trends and trusting his findings, gave him the confidence to make a FT income, despite the premium charge.

Anyone that is on the PC, I would say is making money. Many below the threshold are also making money, and most of those have contributed on this forum at some stage, over time.

A good starting point on you-tube is to follow Peter Webb and watch some of his content and sign up (free) to the Bet Angel academy and follow the courses on there.

One piece of advice for any new sports trader, leave your ego at the door. This will get in the way of learning how things are done.
mcfc1981
Posts: 355
Joined: Tue Oct 27, 2009 11:54 pm

Been here pretty much from day 1.
is it possible to make money? Yes
Will you make money? Maybe, depends on the time and effort you are willing to put in, what I will add is it's alot harder to turn a profit now then it was early Betfair days
How much have I made? What will say is I average £21 per market over my lifetime P/L
rik
Posts: 1583
Joined: Sat Jan 25, 2014 5:16 am

i guess the percentage of people doing well is quite low but if you found your way to the exchange and informed yourselves about software your already ahead of 90% of guys
21 per market over lifetime is great, your probably doing much horses or automation?
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gazuty
Posts: 2557
Joined: Sun Jun 26, 2011 11:03 am

Mcdonkey wrote:
Tue Dec 15, 2020 4:00 pm
Just signed up here, would be interesting to hear some of the members profit
1. How long have you been trading w bet angel?
2. how much do you make in a week/month
3. Is trading sports your full time job?

cheers!
Some of your questions are answered in a survey run earlier this year - viewtopic.php?f=18&t=21533.
mcfc1981
Posts: 355
Joined: Tue Oct 27, 2009 11:54 pm

Never used automation, all markets have been manually traded.
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

Mcdonkey wrote:
Wed Dec 16, 2020 8:51 am
I'm sorry if i offended anyone, but been watching Peters video the last couple of weeks, and it seems so easy to make money so i get this voice in my head : if it's to good to be true..
That's why i'm asking if there are people making a living/decent money w trading betangel :)

cheers!
If you swapped places with Peter in his videos would you have opened and closed the same trades in the same place, for proportionally the same amounts? If the answer's no then it's not as easy as it looks.
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